SECONDJE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SECONDJE
Largest movements
- Tangible fixed assets +€17,523
up €17,523 (+219.7%), from €7,976 to €25,500
of which Furniture and vehicles: +€18,419
- Stocks and contracts +€2,098
up €2,098 (+33.7%), from €6,219 to €8,317
- Profit (loss) carried forward +€9,960
up €9,960 (+13.5%), from €73,869 to €83,829
- Trade debts +€7,344
up €7,344 (+263.8%), from €2,784 to €10,129
- Tax, wage and social debts +€1,338
up €1,338 (+10.1%), from €13,292 to €14,630
- Gross operating margin +€1,848
up €1,848 (+4.4%), from €41,744 to €43,592
- Depreciation +€1,280
up €1,280 (+157.1%), from €815 to €2,095
- Taxes -€792
down €792 (-9.8%), from €8,097 to €7,305
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,320 | €130,453 | +€18,133 | +16.1% |
| Fixed assets | 21/28 | €8,681 | €25,749 | +€17,068 | +196.6% |
| Tangible fixed assets | 22/27 | €7,976 | €25,500 | +€17,523 | +219.7% |
| Plant, machinery and equipment | 23 | €2,950 | €2,577 | -€373 | -12.6% |
| Furniture and vehicles | 24 | €730 | €19,148 | +€18,419 | +2524.0% |
| Other tangible fixed assets | 26 | €4,296 | €3,774 | -€522 | -12.2% |
| Financial fixed assets | 28 | €705 | €250 | -€456 | -64.6% |
| Current assets | 29/58 | €103,639 | €104,704 | +€1,065 | +1.0% |
| Stocks and contracts in progress | 3 | €6,219 | €8,317 | +€2,098 | +33.7% |
| Stocks | 30/36 | €6,219 | €8,317 | +€2,098 | +33.7% |
| Amounts receivable within one year | 40/41 | €221 | €827 | +€606 | +274.0% |
| Trade receivables | 40 | €103 | €16 | -€88 | -84.9% |
| Other amounts receivable | 41 | €118 | €812 | +€694 | +589.1% |
| Cash at bank and in hand | 54/58 | €95,072 | €94,171 | -€901 | -0.9% |
| Deferred charges and accrued income | 490/1 | €2,127 | €1,389 | -€738 | -34.7% |
| Total equity and liabilities | 10/49 | €112,320 | €130,453 | +€18,133 | +16.1% |
| Equity | 10/15 | €89,169 | €99,129 | +€9,960 | +11.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €9,300 | €9,300 | = | 0.0% |
| Distributable reserves | 133 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,869 | €83,829 | +€9,960 | +13.5% |
| Amounts payable | 17/49 | €23,151 | €31,324 | +€8,173 | +35.3% |
| Amounts payable within one year | 42/48 | €23,151 | €31,324 | +€8,173 | +35.3% |
| Trade debts | 44 | €2,784 | €10,129 | +€7,344 | +263.8% |
| Suppliers | 440/4 | €2,784 | €10,129 | +€7,344 | +263.8% |
| Taxes, remuneration and social security | 45 | €13,292 | €14,630 | +€1,338 | +10.1% |
| Taxes | 450/3 | €13,292 | €14,630 | +€1,338 | +10.1% |
| Other amounts payable | 47/48 | €7,074 | €6,565 | -€509 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €815 | €2,095 | +€1,280 | +157.1% |
| Other operating charges | 640/8 | €878 | €971 | +€93 | +10.6% |
| Gross operating margin | 9900 | €41,744 | €43,592 | +€1,848 | +4.4% |
| Operating profit (loss) | 9901 | €40,051 | €40,527 | +€476 | +1.2% |
| Financial income | 75/76B | €190 | €511 | +€321 | +169.4% |
| Recurring financial income | 75 | €190 | €511 | +€321 | +169.4% |
| Financial charges | 65/66B | €133 | €243 | +€110 | +82.4% |
| Recurring financial charges | 65 | €133 | €243 | +€110 | +82.4% |
| Profit (loss) for the period before taxes | 9903 | €40,107 | €40,794 | +€687 | +1.7% |
| Income taxes | 67/77 | €8,097 | €7,305 | -€792 | -9.8% |
| Profit (loss) for the period | 9904 | €32,010 | €33,489 | +€1,479 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,010 | €33,489 | +€1,479 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.